How to convert NEO to BTC

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Beaxy allows you to trade NEO with convenience and peace of mind. Our user interface is customizable and can be optimized for beginners and experts alike. Reduce your risk by storing NEO in our custodied wallets.

To access all of Beaxy’s features:

– Register at Beaxy.com/register

– Complete Verification

– Fund your account – Make a deposit or buy crypto with your credit or debit card

– Start Trading!

Beaxy provides advanced charting tools, a revolutionary swipe trading app, world-class FIX and REST API, and FIAT onboarding and offboarding to make for the best possible trading experience. Trade NEO in the most sophisticated and simple ways on Beaxy.

Converting NEO to other currencies

You can convert NEO to FIAT currency on Beaxy. Check the converter above to see what the conversion rate is. Simply select your national currency to see what the price of NEO is. The best part is you can place an order for NEO directly from the converter once you select your currency!

About NEO:

The NEO token is the native currency for the NEO blockchain, a platform built to host and maintain decentralized applications and smart contracts. The NEO network uses proof-of-stake as a consensus algorithm and can support up to 10,000 transactions per second. Blocks on the Neo blockchain are mined every 15 seconds. It also contains an oracle component that enables smart contracts to access data from external sources. NEO’s plan to institute cross-chain interoperability features come from NeoX, a platform that manages cross-chain asset transfers and decentralized transactions. Additional technology used by the Neo platform includes dBFT2.0 (A consensus algorithm with high stability, high TPS and single block finality), NeoVM (A lightweight, cross-platform and scalable virtual machine), NeoID (A customizable decentralized self-sovereign identity protocol), NeoFS (A distributed object storage solution for on-chain data applications), Dual Token (An innovative dual token economic model that optimizes on-chain governance and utility), Oracle (A built-in oracle component enabling smart contracts to access external resources), Voting Mechanism (A voting mechanism that enables participation of on-chain governance), and Smart Contract (A cross-platform, multi-language supported smart contract system). NEO was founded by Da Hongfei and Erik Zhang and is China’s first open-source blockchain protocol. It was created to facilitate the development of a digital economy that could use digital identities, assets, contracts, and payments. Neo aims to provide a scalable, dynamic platform that supports a variety of programming languages. The virtual machine code compiler for the Neo platform is capable of being supported through multiple coding languages including: c#, Java, C, C++, GO, JavaScript, Python, and Ruby. The virtual machine is a nimble and efficient system that is used to help small programs like smart contracts and can be transferred into non-blockchain systems.

The original supply of Neo tokens was capped at 100,000,000. All of the tokens were created when the platform was launched. Of the total supply of initial tokens, 50,000,000 or 50% were allocated to the investors who participated in the token sale prior to the launch of the blockchain. 10,000,000 or 10% of the tokens we distributed to the core developers who worked to build and maintain the protocol. An additional 10,000,000 or 10% was given to the larger community of developers who helped build the network. 15,000,000 or 15% of the tokens was placed in a reserve with the stated purpose of being used by the project to invest in other blockchain companies that are supported by the Neo platform. Finally, another 15,000,000 or 15% of the tokens were kept by the Neo council. The circulating supply of Neo will never exceed the 100,000,000 token threshold. The circulating supply is currently measured to be approximately 70,000,000 Neo. The token traded at its all-time high price of $196 per Neo on January 15th, 2018.